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Math of Money

Morton D. Davis
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      This lively and practical introduction to the mathematics of money invites us to take a fresh look at the numbers that underpin our financial decisions. Morton D. Davis talks about strategies to use when we are required to bet against the odds (purchasing auto insurance) or choose to bet against the odds (wagering in a casino or at the track). He considers the ways in which we can streamline and simplify the choices available to us in mortgages and other loans. And he helps us understand the real probabilities when we accept a tip on that "one in a thousand" stock, even when the tip comes from a successful day trader. With a wealth of entertaining and counterintuitive examples, The Math of Money delights as well as informs, and will help readers treat their financial resources more rationally.
      Format: CONTRIBUTORS: Morton D. Davis EAN: 9780387950785 COUNTRY: United States PAGES: WEIGHT: 520 g HEIGHT: 235 cm
      PUBLISHED BY: Springer-Verlag New York Inc. DATE PUBLISHED: 2001-06-26 CITY: GENRE: BUSINESS & ECONOMICS / Operations Research, MATHEMATICS / General, MATHEMATICS / Probability & Statistics / General, SCIENCE / General WIDTH: 155 cm SPINE:

      Book Themes:

      Interdisciplinary studies, Management decision making, Operational research, Mathematics, Probability and statistics

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      This lively and practical introduction to the mathematics of money invites us to take a fresh look at the numbers that underpin our financial decisions. Morton D. Davis talks about strategies to use when we are required to bet against the odds (purchasing auto insurance) or choose to bet against the odds (wagering in a casino or at the track). He considers the ways in which we can streamline and simplify the choices available to us in mortgages and other loans. And he helps us understand the real probabilities when we accept a tip on that "one in a thousand" stock, even when the tip comes from a successful day trader. With a wealth of entertaining and counterintuitive examples, The Math of Money delights as well as informs, and will help readers treat their financial resources more rationally.
      Format: CONTRIBUTORS: Morton D. Davis EAN: 9780387950785 COUNTRY: United States PAGES: WEIGHT: 520 g HEIGHT: 235 cm
      PUBLISHED BY: Springer-Verlag New York Inc. DATE PUBLISHED: 2001-06-26 CITY: GENRE: BUSINESS & ECONOMICS / Operations Research, MATHEMATICS / General, MATHEMATICS / Probability & Statistics / General, SCIENCE / General WIDTH: 155 cm SPINE:

      Book Themes:

      Interdisciplinary studies, Management decision making, Operational research, Mathematics, Probability and statistics

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      Be the first to write a review
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